DOBY
DOBY is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Murphy Exploration & Prod. Co. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 505,550 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.1M, with roughly $234K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 344 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was November 2016, at 483 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about DOBY
- Who operates DOBY?
- DOBY is operated by Murphy Exploration & Prod. Co., Railroad Commission of Texas operator number 594650.
- Where is DOBY?
- DOBY is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07423.
- Is DOBY still producing?
- DOBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOBY is August 2026.
- How much has DOBY produced?
- DOBY has reported 505,550 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 11 wellbores.
- How much is DOBY worth?
- The remaining production from DOBY is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $822K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOBY is a fraction of it. The estimate fits an Arps decline curve to the production DOBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOBY is an estimate of value, not an offer and not an appraisal.
- How much income does DOBY generate in a year?
- DOBY is forecast to net about $234K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DOBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Murphy Exploration & Prod. Co. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 07423 |
| Wellbores | 11 |
| Reported production | 505,550 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where DOBY sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.